Egide, a manufacturer of hermetic enclosures for sensitive electronic components, gained ground on the stock market this Friday after expressing confidence in its level of activity for 2023.

The technology group, which saw its sales increase by 4% to 33.8 million euros in 2022, explains that its order book already represents over 60% of the anticipated budget for the new 2023 financial year.

In a press release, the company acknowledges that it has to cope with soaring energy and raw material prices, uncertain industrial and social consequences, and the implementation of energy sobriety.

However, it stresses that the improvement in its business over the second half of 2022, the strength of its order book and the outlook for its various target markets lead it to be "confident" about the level of business expected in 2023, as well as its growth potential.

Following these announcements, Egide's share price rose by 2.8% on Friday on Euronext Growth Paris.

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